Lifesaver said:Money expresses how much people value different things. The value of something is exactly that: how much it is valued by people. And this is what money prices express.
No-one has to calculate or plan money prices. The actions of people correct errors on the part of the sellers, punishing wrong guesses and rewarding correct predictions.
Well, I didn't quite understand what you meant with this last post.
I just hope you and others have been able to see how "true socialism" is an impossibility, as it causes the collapse of society. And to try it with this knowledge would constitute one of the greatest crimes imaginable.
You know Adam Smith is correct in a perfect world money would be an accurate and fair presentation of the value of things. However that is empirically proven not to work, people over value or under value things with creates disparity. Im not saying that a moneyless society would be easy however with in such a society the chance for such a large and inexplicable disparity would be less likely and easier to control.
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